08/07/2025
Those pernicious "trigger leads" are a thing of the past. Legislation took over 2 years to pass, but it is finally about to be the law.
"Trigger leads" allowed credit bureaus to sell your contact info to lenders/vendors when a mortgage credit report was pulled, with the effect being an inundation of texts and calls from strangers.
The U.S. Senate has passed the Homebuyers Privacy Protection Act (S. 1467), bringing the mortgage industry one step closer to curbing the controversial use of mortgage trigger leads. The Mortgage Bankers Association (MBA) applauded the June 12 vote, which follows earlier progress in the House Financ...